NNPC to begin 24-hours sale of fuel in depots, retail outlets to restore supply

The Nigeria National Petroleum Corporation (NNPC) Ltd has announced Tuesday that adequate measures have been put in place to accelerate nationwide distribution of PMS (Petrol) earlier disrupted by the quarantine of methanol-blended petrol.

The NNPC also said that it now has over one billion litres of certified PMS stock that is safe for use in vehicles and machineries.

According to a statement on its twitter account, “The quarantine was a necessary step to safeguard our customers from the potential impact of this PMS grade on vehicles and machineries.”

The statement read: “In order to accelerate distribution across the country, we have commenced 24-hour operations at our Depots and Retail outlets.

“As part of NNPC’s strategic restocking, over 2.3 billion litres of PMS is scheduled for delivery between now and end of February 2022, which will restore sufficiency level above the national target of 30 days.”

Members of Major Oil Marketers Association of Nigeria (MOMAN); Depot Owners & Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Independent Petroleum Marketers Association of Nigeria (IPMAN) have also commenced 24-hour loading and dispensing activities in some of their designated outlets.

It also promised a smooth distribution of the PMS nationwide by engaging NNPC monitoring team as well as with other security agencies.

The NNPC implored Nigerians to avoid panic buying as there is sufficient volume of PMS in the country, and effort is being made to accelerate distribution to all filling station.